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Daily Dispatches
China forex reserves break 8-month run of declines
Submitted by cpowell on Tue, 2017-03-07 07:48 Section: Daily DispatchesBy Gabriel Wildau
Financial Times, London
Tuesday, March 7, 2017
SHANGHAI -- China's foreign exchange reserves rose in February, surprising analysts by breaking an eight-month string of declines and offering the latest evidence that a stable renminbi and tighter capital controls are succeeding in staunching capital outflows.
Newmont joins gold 'staking rush' in Canada's once-fabled Yukon
Submitted by cpowell on Mon, 2017-03-06 16:12 Section: Daily DispatchesBy Nicole Mordant
Reuters
Monday, March 6, 2017
VANCOUVER, British Columbia, Canada -- Newmont Mining today became the latest of the world's biggest gold miners to invest in Canada's Yukon territory, the site of a famous gold rush 120 years ago, as miners hunt for rich, new deposits in safe regions.
Bear raids on silver are losing force, Turk tells KWN
Submitted by cpowell on Mon, 2017-03-06 15:10 Section: Daily Dispatches3:13p ET Monday, March 6, 2017
Dear Friend of GATA and Gold:
GoldMoney founder and GATA consultant James Turk today tells King World News that bear raids on silver by the market manipulators are losing force and that increasing inflation will support the monetary metals:
http://kingworldnews.com/james-turk-bear-raids-in-silver-weakening-as-bu...
Ron Paul: Arizona challenges the Fed's money monopoly
Submitted by cpowell on Mon, 2017-03-06 10:41 Section: Daily Dispatches10:45a ET Monday, March 6, 2017
Dear Friend of GATA and Gold:
Secret of the Kibali Mine: Flying people in and gold bars out
Submitted by cpowell on Mon, 2017-03-06 08:02 Section: Daily DispatchesBy Thomas Wilson
Bloomberg News
Monday, March 6, 2017
Randgold Resources Ltd. had to haul heavy equipment more than 1,000 miles to build the roads and hydropower plants needed to construct its Kibali gold mine, the biggest in Democratic Republic of Congo.
Gold price suppression is breaking the paper gold market, Maguire tells GoldSeek Radio
Submitted by cpowell on Sun, 2017-03-05 14:03 Section: Daily Dispatches2:05p ET Sunday, March 5, 2017
Dear Friend of GATA and Gold:
Avery Goodman: Explosion in Comex gold offtake hints at LBMA defaults
Submitted by cpowell on Sun, 2017-03-05 10:34 Section: Daily Dispatches10:35a ET Sunday, March 5, 2017
Dear Friend of GATA and Gold:
CME and Reuters to stop providing LBMA silver price benchmark
Submitted by cpowell on Sun, 2017-03-05 08:59 Section: Daily DispatchesBy Jan Harvey
Reuters
Friday, March 3, 2017
CME Group and Thomson Reuters are to step down from providing the LBMA silver price benchmark auction, the London Bullion Market Association said today, less than three years after they successfully bid to provide the process.
Mike Kosares: Will banks' excess reserves fuel a monetary crisis?
Submitted by cpowell on Sat, 2017-03-04 13:57 Section: Daily Dispatches2p ET Saturday, March 4, 2017
Dear Friend of GATA and Gold:
Mining entrepreneur, Clinton confidant Giustra concedes gold price suppression
Submitted by cpowell on Sat, 2017-03-04 10:58 Section: Daily Dispatches11:11a ET Saturday, March 4, 2017
Dear Friend of GATA and Gold:
The price of gold has been heavily suppressed by the U.S. government, Wall Street financial houses, and the banking system, according to billionaire Canadian mining and movie entrepreneur Frank Giustra, a confidant and philanthropy associate of former President Bill Clinton.